The Fair Share Report

719 E Brown St

Hamilton, NJ 08057

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $313,756

Likely range $228,059 – $388,400, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.32%

The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $313,756 home should be assessed near $192,395.

Step 3 · Assessed value

$244,000

Set at the last town-wide revaluation and mostly frozen since. That's $51,605 above what the ratio math suggests (26.8%).

Step 4 · The tax rate — same for every Hamilton home

$3.708 per $100 assessed

$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%

Step 5 · The bill

$9,048/yr
Public schools$3,684
Mercer County$2,028
Town of Hamilton$3,335
Hamilton average$8,075

This home vs. every recent Hamilton sale · assessed ÷ market

Town median 51.7%
This home · 77.8%

38%112%

A touch high — worth watching

This home's ratio sits above most of Hamilton, but doesn't clear NJ's legal appeal line (70.52%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1848 GREENWOOD AVE2026-04$350,0001,88842.5%
1848 GREENWOOD AVE2025-09$225,0001,88866.1%
420 KLOCKNER AVE2026-01$341,7001,95857.6%
46 SMITH AVE2026-02$250,0002,19582.4%
156 MADDOCK AVE2025-12$500,0002,30244.4%
18 BEAL ST2026-03$230,0002,04080.1%
20 W PARK AVE2025-07$255,0002,06280.5%
1999 GREENWOOD AVE2026-03$350,0002,35052.1%
1999 GREENWOOD AVE2026-01$260,0002,35070.2%
310 WILSON AVE2025-01$425,0001,65452.7%
26 E FRANKLIN ST2026-05$300,0001,94153.0%
1429 HAMILTON AVE2025-06$280,0001,66450.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →